✉news BusinessFinance first seen 15 h ago, last 10 h ago, peak #9
Absa becomes first African bank to back Lendable's blended finance
Original: Absa becomes first African financial institution to invest in Lendable's blended-finance strategy
Absa has become the first African financial institution to invest in Lendable's blended-finance strategy, a move reported by African Business. Blended finance combines commercial and concessional capital to unlock lending to underserved markets, and Absa's entry signals growing African institutional participation in funding structures traditionally dominated by development financiers and Western investors.
Why now: It marks a first for African institutional involvement in a blended-finance vehicle, highlighting a shift in how African banks participate in development funding.
Rank over time, top of the chart is #1. 5 snapshots from 15 h ago to 10 h ago.
Evidence
- Absa becomes first African financial institution to invest in Lendable's blended-finance strategy · African Business
API: https://socialmediatrends-api.osmike.com/v1/trends/1954257